The Middle East’s Luxury Market Is Waking Up to Sustainability

POSTED BY: Rachael Taylor 2015/07/29

The upper crust of Middle Eastern society has a well-documented appetite for luxury purchases. Travel out to the retail Mecca of Dubai and you’ll find it packed with malls of gargantuan proportions, all bursting with concept stores from the world’s biggest brands, as well as local family-run businesses stocking elaborate goods.

Diamond Demand Continues To Decline

POSTED BY: Anthony DeMarco 2015/07/29

There’s a lot of talk in the US jewellery industry about the changing market environment. Fuelled by the dire predictions of market research analysts, they talk about a world where the newest generation to enter the market, millennials, no longer want jewellery, especially diamond jewellery.

Global Leaders Should Come together to Address Issues of Diamond Industry

POSTED BY: Suresh Chotai 2015/07/28

I have been asking many diamond industry leaders about the prospective threat of synthetic diamonds to the natural ones since last 7 years but most of them have failed to assess it. Now (not all of a sudden) when the global diamond industry has been facing crisis since a few years (with peak period at present) many of them blame the increasing circulation of the synthetics (as one of the reasons) for the present dire status of the industry.

Mineral & Gem Asia’s pilot edition ends on a positive note

POSTED BY: UBM Asia 2015/07/27

The first edition of Mineral & Gem Asia concluded on a positive note at AsiaWorld-Expo, Hong Kong on 30 June 2015, with over 4,600 local and overseas visitors attending the fair. Organiser UBM Asia expressed that more than 1,900 of the total number of visitors were trade buyers including exhibitors and visitors from June Hong Kong Jewellery & Gem Fair.

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